A little under $91 million was handed to cryptocurrency startups — down significantly from the $254 million the week prior. The majority of this week’s cash haul went to decentralized finance (DeFi), a blockchain infrastructure and NFT companies, a trend that has been consistent over the past year, according to a recent CoinGecko report. The report highlights that in 2022, DeFi companies received more than three times the amount of money raised in 2021 — and 41 times more than the amount the sector secured in 2020. (Blockworks)
All Comments